Fractal Waves

The indicator looks for market Highs and Lows. They are defined by fractals, i.e. the market creates the indicator algorithm and structure, unlike ZigZag having a rigid algorithm that affects the final result. This indicator provides a different view of the price series and detects patterns that are difficult to find on standard charts and timeframes.

The indicator does not repaint but works with a small delay.

The first fractal level is based on the price, the second fractal level is based on the first one, etc. The first screenshot displays the sample indicator algorithm. If you use Elliott waves, the indicator will greatly facilitate your work.

This indicator also allows users to avoid time discretization.

The indicator features only four settings, including labeling start date. The labeling form depends on its date and time due to the fractal nature of the market.


Settings

  • StartLeveL - initial level for displaying labeling (at least 1)
  • Levels - number of labeling levels (up to 6)
  • StartTime - labeling start date and time
  • Mode - labeling algorithm (1 or 2)
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Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
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If an Expert Advisor cannot make profit on any instrument or any timeframe, it is a bad Expert Advisor. This algorithm used the regularities inherent to any market. You can adjust this EA for working on virtually any instrument, or even on all of them at once, it all depends on your trading style. The algorithm determines the reversal points with a certain probability based on the statistical data. The market is considered to be a random process. A random process has a normal distribution of pro
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As we know, МТ4 and МТ5 do not store tick history, which may be necessary to develop trading strategies and market analysis. I have developed a method allowing you to receive tick history very easily. The indicator gathers tick history in real time and writes it to XXXXXX2.hst file, where XXXXXX is a symbol name. This file can be used to create an offline chart or something else. If you use a trading robot, then launch the indicator and control your broker by examining the spread and quotes. All
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Description I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bars ahe
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Indicator Description This is a one-of-a-kind indicator. It predicts future bars using the theory of cyclical behavior of prices and certain market stationarity. This indicator will help you predict 1 or more future bars, thus providing a picture of the possible development of the market situation. It is based on 5 prediction methods. The first method is the Fourier transform, while the other ones are represented by different variations of linear prediction methods. You can select which method w
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Indicator Description If you need to know future volatility for trading, this indicator is what you need! With the Predictor of the ATR you trading system will be more perfect. This indicator predicts future volatility, and does it quite well. Prediction accuracy is up to 95% at a distance of up to 5 bars into the future (on the period H1). The average forecast accuracy is about 85%, the number of predicted bars is limited by your imagination only. There are five methods used for prediction. The
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trick 86
763
trick 86 2024.01.18 19:09 
 

User didn't leave any comment to the rating

Maxim Romanov
13240
Reply from developer Maxim Romanov 2024.01.19 10:02
Hello. I do not currently endorse these products, which is why they are listed for free. If you want to make changes, I can send you the source code of the indicator.
votija.63
403
votija.63 2023.04.18 20:06 
 

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